New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-11-03
PRICE THREE CENTS.
DAVID SCOTT DISAPPEARS.
HIS CREDITORS SHOW SOME ANXIETY.
VERNON BROS & co. LIABLE FOR $50 900 OF HIS
PAPER-wHAT THOMAS VERNON SAYS

|
/ PAPER-wHAT THOMAS VERNON SAYS
David Scott, member of the firm OF Vernon
Brothers & Co., ral er dealers. No. 81 Duane-st
has disappeared. On the evening Of October %
week ago last Saturday, Mr. Scott left the Office
OF the firm and has not been seen since The
naturally anxious inquiries made about him by
ms associates leaked out, and soon the most
startling rumors OF unlimited defacatiOn wcre
afOat In business circles. In the meantime Vernon
Brothers Co. were endeavoring 10 learn where
their missing partner was
On the Tuesday following the disappearance
some light penetrated the darkness Thomas YER
non, the senior PARTNER of the firm received a.
PERSONAL letter from Scott dated at Niagara Falls
Inc communication apparently composed when
he was IN highly excited state of mind and
closeo WIN the words: you may expect my
return Wednesday" The reinsurance brouobt bv
inc message was transformed into disappointmcnt
when Wednesday came and went and the weclr
passed away without a sign of Scott. David
scott has not as yet returned
The rumOrs, which were replcte with Iar,co
hgurcs have been sifted down in the meantime.
Inc anxious creditors have in great part regaincd
thclr confidence, and though Vernon Brothers g.
No ana other concerns in which Scott was in
'creS1ed are still subject to innumerabIe injuries
.i'lr credit is again becoming steady Thomas
vernon was seen last evening about the Scott
disappearance, and said: Yes Scott ;s como
lie has left us liable for about SEQ 900 in notee
which he indOrsed in the firms name To saw
mat the loss OF that amount of money woulJ non
AFFECT our credit would be untrue However. wa
are fuIly able TO stand it, and the whole affair
Will be smoOthed over il a short time. II ,be
hfn were TO hqniiate to-day, there would be a
surplus large enough to establish the credit Of 2
new house.
SCOTS CONNECTION WITH THE FIRM.
rs TO Scotts connection with the firm: Ia
was with Us twenty-five years, and when he
went away he occupied high executive position
Iie WIS an able man, and in the business can
hardly be replaced. lie originally an cmplove.
anu was promoted for efficiency to a partnersbip.
nc never made an investment in the firm, and
drew out his share OF the profits as il was placed
70 Ills credit. lie therefore has not dollar in
The hrm lie was Il fast liver. Where the money
went do not know frequently demonstrated
VITA ccott, who invariably and believe siuc.relv.
PROMISED to reform lie Lever did So and this ~
! the end. lie was naturally eXcltablc and when
MsJ Airll, u boiler blew up at the Paterson
mills, killing tnIee men, hc Was terribly worried.
attributed his strange actions lately TO a con-
unuancc Ot that worry over the eNpo,ou +
| understand il better nOw.H
Ihe lrm Ol Vernon brothers Il Co. is rated au
from s5Ou,OOO to S1j0,OOJ; credit high 1t Was
established in / i3 by Thomas Vernon and samuel
Vernon. The latter has since died. AT prescnt Ito
firm consists OF Thomas Vernon. T. A. Vernon
ana George X. Vernon. 1t has been stated tnat
thomas Vernon is worth over sl,OO0,0OO This
Mr. vernon cmphaticaliy denied. The firm is a
| large stocl<hoder in the Iyanhoe Paper Com, any,
which has held large Government contracts for
years.
THE MISSING MANS OTHER INTERESTS
Scott was president OF the Iawrenceville Cement
Company, and o, the Ivanhoe Paper Company.
The former compauy IL is said, holds some 81 600
oI SCOTS notes, Out these are fully secured The
lvanhoe Paper Conn any says that it does not
suffer by Scott's dsapl lcarance, though Yesterday
afternoon Joseph c. 1ully secured an attachments
against the company s. W. Parker and David
soto IN suit to recover sl,147,53, the amount
VI a prOmissOry note.
David Scou is about forty-fve years Old and
looks younger. He is energetic business man
ana i thoroughly acqua med with the ms and outs
OF the paper trade. Generally speaking, he had
the confidence ana res. ect of business men. lio
was not known as especially given Ia reckless
/ LIVING, but had "A Liking for the green table, at
which his profits are said not to have equalled
his losses.
MIR Scott has brother in Toronto, John q.
scott, Assistant Prosecuting Attorney for tho
Province OF Ontario. a letter was received from
that gentleman yesterday by friend OF David
Scott. announcing that the missing man WAS not
in Toronto John G.. Scott went to Niagara Falls
10 look for his brother. The latters name was
found registered at the Cataract House, but
nothing was known OF him at the hotel
1t was ascertancd last evening that David
Scott has an interest of few shares in the l. " l..
ircworks Company in Park Place Il. +. Ware,
vice resident OF the company, said Neither
my self nor others Of Scotts friends doubt that
he will turn up before long He repeatedly
threatened suicide OF late. but in the opinion
of those who knew him it is not probable tha5
he would go to Niagara Falls TO do 50. All that
have seen think tlat he is suffering temporary
alteration Of the mind.
Mrs Howell, of No II West Thirty sccond-st. AZ
whose house Scott lived stated last evening
that the missing had been at her house
until Sunday evening. lie then went away without
word. Even his clothes are in the presses as
though he had just left the room.